04
Jul
CHAMWE KAIRA Deep Yellow has appointed Nedbank Limited as mandated lead arranger and sole book runner to coordinate the project financing for the Tumas Project. Nedbank has a strong track record in uranium project financing and will form a banking syndicate and will oversee the due diligence and documentation process. “Nedbank has an extensive track record in financing mining projects across Africa, including uranium, and previously worked with the current Deep Yellow management team in leading project financings for a uranium project in Namibia and a second African project. It is this strong working relationship and Nedbank’s extensive experience which…